+ Reply to Thread
Results 1 to 11 of 11

Thread: How is the economy effect those who own thier own company

  1. #1
    Bacchus88's Avatar Senior Member
    Join Date
    Feb 2008
    Location
    Kingsport Tenn.
    Posts
    504

    Default How is the economy effect those who own thier own company

    Myself I have been dealt a double whammy. I am not so much a retail operation, but I am a Builders surplus supply warehouse. So housing crash, and the banks no giving loans have made thing very hard. I am finally getting people that are looking for deals....

    For one owner to another
    Those of you who own your own company. How is this economic environment effecting you.? Are you seeing very noticeable change in how people you target for your service or product?

  2. #2
    Mr Karl's Avatar Senior Member
    Join Date
    Sep 2004
    Location
    toronto
    Posts
    4,725

    Default Re: How is the economy effect those who own thier own company

    been a few years since I've done the business thing.........I'm glad I'm in a different industry now and not still in residential

  3. #3
    Amelia G's Avatar chick in charge
    Join Date
    May 2004
    Location
    Born in London. Lived everywhere.
    Posts
    7,181

    Default Re: How is the economy effect those who own thier own company

    Bank of America took billions from the US government and then they cut my credit line off entirely -- not for a reason; it was not in arrears, just because they decided to slash credit to cottage industry and such.

    A lot of folks have it worse, so I can only be so bummed. I'm glad I don't work for a company which could just lay me off at a moment's notice, although I know some writers and other creative types who are enjoying a few weeks of unemployment benefits to work on art projects. Normally a bad economy might at least make labor more affordable, but the way our safety net is set up totally screws a former full-timer who picks up some part time gigs, so people go without working at all instead.

    I think the state of the economy sucks for almost everyone, business owner or not.

  4. #4
    VoltaireBlue's Avatar just is
    Join Date
    Sep 2005
    Location
    the planet zorg.
    Posts
    2,205

    Default Re: How is the economy effect those who own thier own company

    *knocks on wood*

  5. #5
    mystoo's Avatar Pirate Hooker
    Join Date
    Jun 2008
    Location
    Canada;)
    Posts
    1,562

    Default Re: How is the economy effect those who own thier own company

    Yea, I don't own my own business BUT.....we are down to working only 3 days a week now BUT....we got out workshare so will at least be getting 55% of regular wages for the other 2 days.
    Economy blah blah....

  6. #6
    malcolm's Avatar the bored one.
    Join Date
    May 2005
    Location
    Memphis originally
    Posts
    3,626

    Default Re: How is the economy effect those who own thier own company

    working on building one up eventually but i can assur eyou, it sux not having a steady income right now. especially since they dont count [part time employment as unemployment check worthy out here and noone likes ot hire people on full time anymore out here because of it.

  7. #7
    Morning Glory's Avatar Apathetic Voter
    Join Date
    Sep 2004
    Location
    Campbell's (or is it Warhol's?) Primordial Soup
    Posts
    5,643

    Default Re: How is the economy effect those who own thier own company

    not a business owner, just a lowly drone. but let me tell you, it sucks when unemployment pays better than the job that you have. maybe I should just get myself fired?

  8. #8
    athenahollow's Avatar Smut Peddler
    Join Date
    Dec 2007
    Location
    Indianapolis
    Posts
    522

    Default Re: How is the economy effect those who own thier own company

    It's been all over the place. One month is great, the next is in the shitter.

  9. #9
    Bacchus88's Avatar Senior Member
    Join Date
    Feb 2008
    Location
    Kingsport Tenn.
    Posts
    504

    Default Re: How is the economy effect those who own thier own company

    from owner stand point the hardest thing is letting people go. People you know are very good at what they do. You have spent all this time training them up. Just can not pay them and have your company last... Granted I only have 3 employees....

    I am starting to see a little come back at least in the remolding people are going ahead a spending money regardless of the economic climate. People are trying to get that refinance, which is wonderful if it can move economy. I have about 2 steady months, hopeful that would go being that way.

  10. #10
    Anna Evans's Avatar Senior Member
    Join Date
    Feb 2009
    Location
    the deep south.
    Posts
    184

    Default Re: How is the economy effect those who own thier own company

    Quote Originally Posted by VoltaireBlue
    *knocks on wood*
    ditto

  11. #11
    Senior Member
    Join Date
    Jan 2009
    Posts
    401

    Default Re: How is the economy effect those who own thier own company

    It fucked me. Helped a good deal in destroying my business in Maryland (gaming center/nightclub) and post it's helped in not giving me the little guy a break when big business is getting saved left and right.

    I'm in the hole for almost $80,000 and the aftermath of the business having to close and me moving back to California meant having to literally start all over - Was forced to throw/give away a lot of stuff just to be able to move back here and $0 left when we finally got back here.

+ Reply to Thread

Similar Threads

  1. SEO Company To Do My Website
    By TonyB in forum Promotional Announcements
    Replies: 1
    Last Post: 04-01-2009, 04:07 PM
  2. Does a musician being a complete asshole ruin thier music for you?
    By Kidthorazine in forum Blue Blood Boards
    Replies: 27
    Last Post: 10-08-2006, 10:27 PM
  3. Drug's Effect on Cancer Stuns Doctors
    By karyn in forum Blue Blood Boards
    Replies: 1
    Last Post: 05-16-2005, 10:43 AM
  4. Does earthquake weather effect you?
    By Amelia G in forum Blue Blood Boards
    Replies: 14
    Last Post: 09-29-2004, 05:47 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Blue Blood
Trappings | Personalities | Galleries | Entertainment | Art | Books | Music | Popcorn | Sex | Happenings | Oddities | Trade/Business | Manifesto | Media | Community
Blue Blood | Contact Us | Advertise | Submissions | About Blue Blood | Links | $Webmasters$
Interested in being a Blue Blood model, writer, illustrator, or photographer? Get in touch